The GreenWood Q2 2026 investor letter reports a flat first-half performance, with accounts down 3.6% versus a +11.7% return for the MSCI ACWI index. The letter can be downloaded here. Despite this underperformance, the firm is strategically avoiding the prevailing AI hype, opting instead to focus on more stable long-term investments. The firm acknowledges the excessive growth in demand for computing power linked to AI but cautions against late-stage bull-cycle investments. The letter...
Why Active Owners Are Betting on Jack in the Box (JACK)
